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Analytical Accounting in Odoo - How to setup analytic accounting

Accounting Made Easy

Beautiful, easy, full featured

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Elegant and full featured, our accounting software is for businesses of any size. Odoo Accounting offers a better way for your accounting team to work with customers and suppliers.

Activate features on demand; from integrated analytic accounting to budget, assets and multiple companies consolidation.

Record transactions in a few clicks and easily manage all financial activities in one place. Odoo's user interface is designed with productivity in mind.

Share access to your latest business numbers with your team and your accountants - so everyone is up to date with all new information and changes.
From work, home or on the go.

Import your bank statements and reconcile them in just a few clicks.
Prepare payment orders based on supplier invoices and specific requirements.

Get Paid Faster

Electronic invoicing and automated follow-ups

Create and send professional invoices and receive payments online. No need to send reminders to your debtors - simply set-up and automate follow-ups to get paid more quickly.

Automatically create invoices from sales orders, delivery orders or base them on time and material. Invoice expenses on projects to your customer in just a few clicks.

Control supplier invoices based on purchase orders. Get real-time inventory valuation reports automatically posted in your accounts.

Integrate your analytic accounting operations with timesheets, projects, invoices, expenses, etc. No need to record transactions, all analytic entries are posted automatically following your business rules.

Manage your assets, track expenses, control budgets, multi-level analytic accounting; Odoo has all the features you need to keep your business running smoothly.

Scale With Your Organization

Used by very small to very large organizations

Odoo supports multiple currencies, multiple users with different access rights, multiple companies with real-time consolidation and unlimited analytic plans.

Get direct access to key information with dynamic and customizable dashboards. Analyse your financial activities with the drill-up, drill-down, drill-across and filter features.

Fully Integrated with Odoo Apps

Get hundreds of open source apps for free


Write news, attract visitors, build customer loyalty.

Quote Builder

Create professional proposals in minutes. User templates to structure your business offers.

Online Events

Schedule, organize, promote or sell events online; conferences, trainings, webinars, etc.


Manage contracts, create recurring invoices, bill timesheets, get paid faster.



Save time

Beautiful user interface 

A fast and modern user interface your users will love. Based on Google Material Design trend. 


Get an instant access to all accounting features, wherever you are, on tablets or smart phones. 

Automate payments & letters 

Post invoices automatically by regular mail or email. No need to print and post invoices, it's automated. 

Reduce data entry 

No need to create invoices manually, print and send them, register bank statements, follow-up payments, ... Automate more, save time.  

Bank Interfaces 

Get your bank statements automatically synced with your bank. Save time with Automated reconciliation. 

Collaboration & Alerts 

Follow what interests you and get automatic alerts, collaborate on documents easily. 


Accounts Receivable 

Clean customer invoices 

Odoo invoices are easy to create, beautiful and full featured. (payment terms, multiple taxes, discounts, pricelists, ...) 

Advanced Payment terms 

Support for multiple payments for one invoice, cash discounts, advance invoice, partial reconciliations. 

Draft invoice propositions 

Draft invoices are created automatically by Odoo based on sales order, timesheets or delivery orders. 

On-the-fly payment reconciliation 

When creating an invoice, Odoo suggests outstanding payments automatically so that you don't have to reconcile it later.


Get paid easily 

Credit Cards Payments 

Get paid quickly by supporting online payment with credit cards. We support main payment gateways like, Mercurypay, Ogone, Paypal, Adyen, etc. 

Automated follow-ups 

Odoo proposes emails, follow-ups letters, and tasks automatically to ease your credit collection process. 

Aged receivable balance 

The aged receivable report gives you a clear overview of overdue payments and treasury forecast. 

Customer portal 

Your customer can track their order status, invoices, and payments through their portal.

Advanced customer statements 

Get clear reports on customer statements and navigate easily through the documents to understand every customer use case.



Account payables 

Control supplier bills 

Simply register on the forum to post questions and answer existing ones

Employee expenses 

Track employee expenses, from the recording by every employee to the validation and reimbursement. 

Forecast expenses 

Get a clear forecast of your future bills to pay. 


Pay bills 

Print checks 

Get a proposition of supplier bills to pay and print checks in batch in just a few clicks. 

Deposit tickets 

Keep track of deposit tickets in just a few clicks to ease the bank reconciliation process.

Automate wire transfers 

Automate payments to suppliers with SEPA based on propositions by Odoo to pay at the right date. 

Organize payment orders 

Support your own payment flows with optional validation steps.  


Bank & Cash 

Automate bank feeds 

Get your bank feeds automatically from the bank. 15,000 banks supported, mostly U.S., Canada and NZ ones. 

Manage cash registers 

Track every cash transaction with opening and closing easily. 

Import Statements 

If your bank is not supported, use OFX, QIF, CSV or Coda files to import statements easily. 


Easy Reconciliation 

Smart Reconciliation Tool 

Get reconciliation propositions automatically, register extra journal items on the fly, search efficiently. 

Reconciliation Report 

Audit differences between your accounts and your bank statement balance to ease reconciliation. 

Bank Reconciliation 

Odoo matches 95% of invoices & payments automatically and the smart matching tool allows to do the remaining 5% super fast. 

Easy outstanding payments 

Get partial and full reconciliation proposition directly from the invoice or the bank statement. 


Advanced Access rights 

Access Control Lists 

Access rights are super flexible. Default configurations are already setup for accountants and advisers.  

Optional validation process 

Mark miscelleanous operations to review. It allows your adviser to ask the adviser to review key journal entries.



Multi-currency support 

Get your currencies rate updated automatically every day. 

Multi companies 

Get all your subsidiaries integrated in the same system with consolidation reports in real time. Automate business flows with inter-company rules. 

Multiple users 

Define as many users as you want with different access rights. 

Multi Journals 

Organize your document into several journals (by departments, by type of activity) to split roles accross several users. 


Performance Reports 

Business Intelligence reports 

Use Odoo cubes to navigate through the information: consolidations, drill-up/down, group data, filters, etc. 

Customizable dashboards 

Create your own dashboard by assembling custom reports. Share filters and dashboard across teams. 

Annotate any report 

All reports are full dynamic allowing you to navigate easily. Annotate reports to add your notes for the managers inline. 

Customizable KPIs 

Define your own KPIs based on formulaes: gross margin, customer acquisition costs, growth rate by products,... 

Predefined Executive Summary 

Best practices KPIs are already defined by default in the system.



Legal Statements 

Profit & Loss 

Navigate easily through the flow of information from the Profit & Loss report. 

Cashflow statement 

Get a cashflow statement in real time with lots of options in the filters. 

General ledger 

Search and filter in the general ledger easily and zoom into documents in just a click. 

Advanced Taxes Management

Odoo's tax engine support or wide range of tax computations: price included / excluded, percentage, grid, tax on taxes, partial exemptions, etc.

Balance Sheet 

Get your current year earnings automatically reported to your balance sheet to report at any time without having to close/open fiscal years. 

Tax reports 

Get your tax reports in accrual or cash based, formatted according to the right country. 

Country-specific statements 

Intrastat reports, VAT statement, P&L/BS of the country, listing of VAT subjected customer, etc. 

Tax Audit Report

The tax audit report allows you to check how the tax report is computed for audit purposes.


Fully integrated 

Inventory Management 

Work in periodic or perputal inventory valuations. Get your accounting entries created automatically in standard price, average price of FIFO. 

eCommerce Integration 

Get all your ecommerce transactions reported automatically in your accounts: sales, payments, refunds, shipping, etc. 

Customer Portal 

Your customers get an access to their portal where they can download invoices, check order status, track payments, etc. 

Sales Integration 

Get your customer invoices created automatically from your sales order, tasks or delivery orders. 

Purchase Integration 

Control supplier bills is just a few clicks. No need to record everything, they are proposed by Odoo based on purchase orders or incoming shipments.



Analytic Accounting 

Hierarchies of cost accounts 

Structure automatically your analytic accounts based on projects, contracts, departments, etc. 

Fully integrated 

Get analytic entries automatically produced based on timesheets, supplier bills, work orders, etc.


Manage multiple analytic plans with default values and assignations ratios between cost accounts or projects.



Automatic Invoicing 

Manage subscription and recurring revenues easily with contracts. Automate recurring invoices, payments and renewal alerts. 

Recurring revenues & extra 

Manage muliple subscription plans, templates and extra fees. 

Renewal alerts 

Your salesperson get automated alerts when contracts have to be renewed. 

Customer portal 

Your customers can change their plans, order upgrades or downgrade / unsubscribe through the customer portal. (based on your configuration)  


Assets & Revenues 

Assets Management 

Track assets, depreciation boards and generate amortization entries automatically. Manage all events on your assets in just a few clicks. 

Revenue Recognition 

Manage multi-year contracts, automate defered revenues entries and get clear dashboards on your recurring revenues.


Track your budget and compare actual performance with different budget. Manage budget on your financial accounting or analytic accounts. 

Revenue dashboard 

Get all your SaaS metrics in a clear dashboard: MRR, Churn, CAC, CAC ratio, Growth forecasts, ARR, CLT, CLTV. 



Web-service API 

Connect third party applications with the Odoo web service API. We support all languages: python, PHP, java, c#, ruby, ... 

Google spreadsheet integration 

Connect google spreadsheet to Odoo saas to create your own dashboard in your favourite spreadsheet pulling data automatically from Odoo. Very usefull for budgets, commission plans, etc. 

Flexible Import-Export 

Use the built-in import-export tool to mass import or export. You can export then import the same data to mass update through excel sheets.

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